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Brecks Engineering Limited

09268434

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

BREIGHTON AIRFIELD, SELBY, YO8 6DH
Incorporated 17/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr James Edward Hirst

director · Since 17/10/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 9 other boards

Persons with Significant Control

The Brecks Company Limited

75–100% shares
75–100% votes
Appoint directors

Breighton Airfield, Bubwith, Selby, YO8 6DH

Reg: 02465785 · England And Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 04/03/2022Registered 23/03/2022
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111)

Created 17/04/2018Registered 24/04/2018Satisfied 13/09/2021

CompanyRankvs 1917+ SIC 25620 peers
19

Financial strength1th percentile among SIC peers · 0/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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1917Brecks Engineering Limited
38
How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

in trading performance, show that the company should be able to operate within the level of financial resources and facilities currently available to it. The company's ability to continue as a going concern is reliant upon the ongoing financial support from its parent company, The Brecks Company Limited. The company has also received confirmation from The Brecks Company Limited that ongoing financ

Key FinancialsYear ending 31/03/2021

Net Worth

-£318k

Balance sheet strength

Cash

£60

Cash in the bank

Net Current Assets

-£767k

Working capital

Current Assets

£248k

Current Liabilities

£1.0M

Fixed Assets

£467k

Debtors

£204k

6avg. employees

Balance Sheet

Assets less current liabilities-£300k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20210.24-£29k
20200.14—

Derived from filed accounts. Not audited figures.